Afternoon Coffee: Visa-Plaid deal; Amplifi PRO platform; Agiloft new hire
Adobe Stock Visa and Plaid, a fintech solution, called off an acquisition agreement, officially ending the consumer credit giant’s takeover of the data-focused API start-up, according to TechCrunch. The deal — valued at $5.3 billion — was announced a year ago, the article said. The Department of Justice then filed a suit in November to block the deal, arguing that the combination would “eliminate a nascent competitive threat that would likely result in substantial savings and more innovative online debit services for merchants and consumers.” In a press release, Visa said ...
Source: spendmatters.com